Financial Update - Fairway Capital Solutions
At Fairway Capital Solutions, we understand that staying informed about current financial trends is crucial for prospective mortgage clients. This Financial Update page aims to provide you with the latest information on interest rates and matters that will help drive your financial goals forward.
Current Interest Rates
The Monetary Policy Committee reduced the Bank Rate by 0.25 percentage points on the 6th November to 4.75%. The committee convene 8 times a year to decide on the monetary stance required to achieve the inflation target. Although nobody can predict the future, there is hope that interest rates will see a modest reduction in 2025.
At FCS we have seen huge fluctuations in mortgage rates over the last 35yrs. It is this experience that puts us in a perfect position to secure the right financing for your unique needs.